revenue bond
noun
: a bond issued by a public agency authorized to build, acquire, or improve a revenue-producing property (such as a toll road) and payable out of revenue derived from such property
Examples of revenue bond in a Sentence
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Palomar is currently engaged in a turnaround effort, its executive telling bond investors in a recent meeting on its more than $700 million in revenue bond debt that the operation is about halfway to a goal of $150 million in savings necessary to regain financial stability.
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Paul Sisson, San Diego Union-Tribune, 7 Mar. 2025
The airport authority recently closed on a $16.6 million revenue bond issue to finance several projects, including the cargo center.
—Carole Carlson, Chicago Tribune, 10 Apr. 2025
Sales tax revenue bonds, or STAR bonds, are meant for exceptional tourist destinations that are expected to draw at least 30% of their visitors each year from more than 100 miles away.
—Taylor O’Connor, Kansas City Star, 7 Apr. 2025
The town is using its American Rescue Plan Act funding along with the sale of revenue bonds to cover costs.
—Carole Carlson, Chicago Tribune, 28 Mar. 2025
See All Example Sentences for revenue bond
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Paul Sisson, San Diego Union-Tribune, 7 Mar. 2025
The airport authority recently closed on a $16.6 million revenue bond issue to finance several projects, including the cargo center.
—Carole Carlson, Chicago Tribune, 10 Apr. 2025
Sales tax revenue bonds, or STAR bonds, are meant for exceptional tourist destinations that are expected to draw at least 30% of their visitors each year from more than 100 miles away.
—Taylor O’Connor, Kansas City Star, 7 Apr. 2025
The town is using its American Rescue Plan Act funding along with the sale of revenue bonds to cover costs.
—Carole Carlson, Chicago Tribune, 28 Mar. 2025
See All Example Sentences for revenue bond
Cite this Entry
“Revenue bond.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/revenue%20bond. Accessed 7 May. 2025.
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